US-based FIS has announced that Opel Bank in Germany has chosen its core banking system, FIS Modern Banking Platform, to power its online bank.
Opel Bank is the first European-based bank to choose the new platform since its introduction in January 2020.
Opel Bank serves more than 40,000 deposit customers primarily through online channels without the need to maintain a branch network. The bank was looking to replace its legacy core platform with a digital banking platform that provides expanded functionality, faster time to market, and a modern client experience.
FIS will provide Opel Bank with an end-to-end solution including the Modern Banking Platform, the FIS Digital One omnichannel solution, and the FIS Code Connect application programming interface (API) gateway.
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